TRM Labs and Sumsub have formed a partnership aimed at improving fraud prevention and compliance across the cryptocurrency industry.
The collaboration combines TRM’s blockchain risk intelligence with Sumsub’s identity verification and fraud detection tools to deliver a unified view of risk.
The agreement comes as the crypto sector faces rising threats from scams and financial crime. According to Chainabuse, TRM Labs’ open-source fraud reporting platform, generative artificial intelligence-enabled scams increased by 456% between May 2024 and April 2025 compared with the previous year. Sumsub’s own data found fraud cases in crypto rose by 48% during 2024, accounting for 2.2% of all verification attempts. Both companies argue this surge highlights the need for virtual asset service providers to adopt stronger monitoring and compliance solutions.
TRM Labs specialises in blockchain intelligence, helping financial institutions, governments and crypto companies detect and prevent fraud, money laundering and other illicit activity. Sumsub, meanwhile, is known for its global verification platform, which combines identity checks, compliance tools and behavioural fraud detection to protect businesses and their customers.
Through the integration, Sumsub users can access TRM’s capabilities directly within its Crypto Monitoring solution. This includes wallet address screening, transaction scoring and continuous risk monitoring, all displayed in a single dashboard. Clients can also connect their existing TRM subscriptions through the “Bring Your Own Key” model, giving them greater control over sensitive data while using Sumsub’s platform.
The partnership promises several advantages for compliance teams. These include early risk detection by screening wallet addresses before transactions are executed, advanced risk scoring based on exposure to illicit actors, and unified real-time risk monitoring to make faster, data-driven decisions. Automated workflows can also be set up to reduce manual processes and false positives, improving efficiency for compliance teams.
Ilya Brovin, Sumsub chief growth officer, said, “We are excited about the partnership with TRM Labs, which enhances our Crypto Monitoring solution by providing advanced blockchain risk intelligence to detect fraud and financial crime before transactions occur. Together, we enable flexible, real-time compliance decisions tailored to diverse risk profiles. This collaboration reflects a significant step in Sumsub’s platform maturity, offering clients integrated access to leading blockchain analytics providers. At Sumsub, we combine blockchain intelligence, identity verification, and behavioral fraud detection within a single platform—helping customers safeguard every step of the crypto journey.”
Ari Redbord, TRM global head of policy, said, “As illicit actors evolve, so must our tools. That’s why we’re excited to partner with Sumsub — combining TRM’s real-time blockchain intelligence with their identity and behavioral fraud risk signals into a single view. In a fast-moving crypto landscape, this integration helps organizations proactively prevent fraud, stay compliant, and build trust.”
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